Pay Raise Calculator
See exactly how a raise impacts your paycheck.
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How Percentage Raises Work
Formula: Current Salary × (1 + Raise%) = New Salary
A 5% raise on $55,000 adds $2,750/year, about $106 more per biweekly paycheck before taxes.
Negotiating Your Raise
The average annual raise in the U.S. is 3-5%. Anything above 5% typically requires a promotion or role change. Use salary benchmarking data from Gusto — Try Gusto → to run payroll with built-in raise adjustments and tax recalculations.